Malta government grants students $179000 to study blockchain

The Maltese government has allocated 19 students scholarships totaling €160,000 ($179,000) for training in the areas of blockchain and distributed registry technology (DLT).

According to the local publication Malta Independent, the scholarships were awarded by the Secretary of Parliament for financial services, the digital economy and innovation Silvio Schembri, using the scholarship fund established by the Malta Digital Innovation Authority (MITA) and the University of Malta in August 2018 .

It is reported that all winners of the scholarship will additionally qualify for a master's degree in blockchain and distributed registry technology. At the same time, separate groups of students will specialize in studying the blockchain in the field of law, finance, business and information and communication technologies (ICT).

Scholarships were announced at the Malta AI and Blockchain Summit. In addition, Schembri announced that this year the Malta Financial Services Authority will issue the first licenses to blockchain companies. He noted that by the end of 2018 the number of such companies in Malta reached 800.

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